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Business certifications are meant to take a small venture to the next level by providing special opportunities and advantages. Certifications can significantly help a small business to acquire the prospective government contracts. There are special benefits for the service disabled veteran owned small business (SDVOSB) companies to gift the inured individuals a better living. There are Government agencies in the state, federal and local level conducting such minority business certification programs. This certification is even more popular than those minority owned and women business certification programs. So, what does the disabled veteran owned business mean? First, you need to get the meaning of veteran. It is an individual who served the defense ministry of the US federal government being a part of the active military, air or naval service and has been released from the position other than disgracefully. So, the business companies owned and operated by such an individual or group of individuals are known as the service disabled veteran owned business. Now you must be thinking if there is any difference between the small businesses and the disabled veteran owned business companies. Of course there is. As per the Small Business Administration (SBA), one of the key differences between these two types of business standard is that the size of business does not matter in SDVOSB so long the owner of the company is a certified veteran of the US armed forces. Well, only saying that you are service incapable wont get you the grant. There is a list of rules and formalities that an applicant has to follow in order to prove his/her eligibility status. The criteria vary with the type of program you are opting for but in all cases you must come up with a Department of Defense form 214, a Veteran's Administration letter, Statement of Discharge or the Release Certificate from National Archives and the formal records stating your service-connected disability. There is no certain parameter to determine your level of disability though. It is said that as the formalities are less obtaining an SDVOSB grant is comparatively easier to achieve. However, the very basic criterion is least 51% of the business you are applying for, must be owned and operated by the service disabled veteran(s). The basic aim of the US Federal Government is to support the ventures lagging behind due to social or economic restraints through the SDVOSB, WOSB or minority business certification programs. So, in order to meet the eligible economic disadvantage status, every applicant must come up with a net worth of less than the applicable threshold. This standard is calculated excluding the value of the business and personnel residence. So, the small business companies applying for a certification program should essentially hire a business consultant to meet the applicable size standard with valid documents. You can get the consultants online who not only help their client to win a federal grant but also ensure that they win a prospective business contract. So, if you are a service disabled veteran and planning to get started with your own business venture, this is just the right time to opt for. Author Bio: Steven Brown is a professional internet marketer. To know about sdvosb, disabled veteran owned business or government marketing gsa marketing visit ez8a.com
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